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Oklo Resources Ltd.
Summary
| Project: | Kouroufing | |
|---|---|---|
| Deposit: | Kouroufing | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 9/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-9-2018: Oklo Resources Ltd. announces an Exploration/Drilling Update report for its Kouroufing deposit at the Kouroufing project. Auger drilling results incl. 8m @ 14.35g/t Au from 5m. Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Simon Taylor (Internal) | |
| ABSTRACT: | Oklo Resources Limited (“Oklo” or “the Company”; ASX:OKU) is pleased to announce initial auger results from its Kouroufing Project, located 20km southeast of the Company’s flagship Dandoko Project in Western Mali. Oklo’s Dandoko, Moussala, Kouroufing, Kandiole, Kossaya and Sari Projects are located in Western Mali, 30km to the east of B2Gold’s 5.15Moz Fekola mine and 50km to the south-southeast of Randgold’s 12.5Moz Loulo mine (Figure 1). On 1st November 2017, the Company announced it had signed an Agreement to acquire 100% ownership of the Kouroufing Project 1 as part of the Company’s broader strategy to acquire a significant landholding within the Birimian gold belt of Western Mali. The Company currently holds ~ 500km2 of highly prospective ground in this enriched gold region. The Kouroufing Project covers an area of 90.70km2 within the Kenieba Inlier to the east of the regionally significant Senegal Mali Shear Zone (“SMSZ”) and consists largely of unexplored Proterozoic Birimian Greenstones with identified northeast-trending structures which are considered similar to the 12km long northeast-trending gold corridor recently outlined by auger geochemistry and confirmed by deeper aircore, RC and diamond drilling at the Company’s Dandoko Project. | |
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